News

GJS DILLON ADVISES TRUCK DEALER ON EXPANSION

October 2018

GJS Dillon has helped one of the UK’s top truck dealers to buy a new site in Worcestershire ahead of its planned expansion.

Working with fellow Worcestershire professional advisers, Thursfields Solicitors and Ballards chartered accountants, John Dillon, managing director of GJS Dillon, advised PM Commercials and a pension fund in the multi-million pound purchase of the 9.3-acre site at Berry Hill Industrial Estate in Droitwich.

Paul May, owner of the commercial vehicle dealer, plans to use around two acres of the new site for larger offices and truck parking spaces, with the remaining space rented out to other businesses.In what was a complex simultaneous deal, Mr May’s pension fund bought 1.5-acres of the new site, while the remaining 7.8-acres was acquired by his property company.

PM Commercials is currently based at Rushock Trading Estate in Droitwich, a 1.6-acre site that it intends to retain and rent out once it has moved.

Mr May said: “Our expanding business needs the extra office and parking space and the new site at Berry Hill Industrial Estate offers a great location.”

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